EXL 0.00% 0.5¢ elixinol wellness limited

What do you mean that is your point? You wrote ""You're talking...

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  1. 65 Posts.
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    What do you mean that is your point? You wrote ""You're talking about how they're investing tens of millions in Aus medical marijuana, where did you read that?"" As Gwaihir and DrKnow stated the reason for the IPO was to raise $20M for medical cannabis as the ""What is the proposed use of funds raised under the offer"" shows. Of course it depends on all the licenses that were submitted in February. No-one said the company is going broke wasting tens of millions on medical marijuana at the moment. Gwaihir just made a good point that spending money in Australia on MM is not a good business decision as it will eat up the US profits.
 
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